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<br /> subgtantiaU} equivalent mungage in.ucance roverage is not a�•a►lable, Bl)RO\�CC�I1:3IJ P:1) Il� Lendcr c::cch munth a tium equal to �;��_:�,�:_.
<br /> one-twelfth at the yesrly mongace insurante premium hging psiJ bJ• &�rruwrr:�hrn[he m<urance ro��rra�e lap��xi�sr ceaaed to S�; '�''
<br /> �'F be in effect. Lender wiU sccrpt.Eiyc and retain the�e paym:nes as a lo.s m,ene�n l�eu uF mungacr msur.�nre. Lo.. re�erve �_.. �,. ,,
<br /> -` i on*rr be re uired.at thC o ian of l.encier, if martgage inwranc�cn�enge Iin the amount anJ fur the :i+�d . ���s(°'��rt
<br /> payments msy n� l �, q � � ��;�;<.�`-
<br /> ',., that Lender requires)pmvideJ by an in�urer�ppmvaf by Lcnder again bemme.av;iilablr and is ohaii�ted. &srn�wer�hall pay
<br /> the premiums rec{uired[o maint�in murtgage in�urance in eJl'��s�t.��r tu provide a lus.re�cr�c. unul the reyuirement fur martgage� ��6��:�'�
<br /> imurrnce end�in acruniaace wit�.any written agrixment betnt�n Borrower and Lc:nder ur applicable law. � �R-�-�=��-=_'�
<br /> . 9. Ins�ect[on. Lender or i�:�:�gent may malcc r�.uc�n��+te en[rics upon and inspe�tiun,uf the Pru�rty. L.{nder,h:sll give S ��r".;�`._�.:.;
<br /> Borrouer notice at the time of ur p-ioc Eo an inapcctian�p�r:ifying rw.wnable�:ause tiu the inspection. ��7.';��''
<br /> 10. Condemi�t�on. Tiic p,�c�:cetiv��f ar►y ati�•ard or clz�im fiir darn�urti. ditec't �+r wn.+eyuential, m amns�-tiun �vith �.=..===
<br /> �'-?;�r:,.•.:
<br /> �ondesnnatian ur uthc�takin� ��f ar.y �rt of the Prcperty.or for com•eyaGCe in lieu ui c�m:icmnation,ar�hereby a�,igned a ;.
<br /> �hall be paid to Lendcr. . '�"`�"'�'�`-
<br /> In the event of a tot;il t:�l:in�e�f th:Prnperty.the pmrr^xi��hal!be applicci to the+ums.ex-ured hy thi�Snarity ln,trume s' � +`.
<br /> tishether ur not then due. wich any escr.��.gaid to Borru���LMr. In the event uF a p:uti:J tak►ng c�f thr Pn�pen�� in�tihich the f �� •
<br /> marlcet value of the Property im�r:edi�Nl� �:fore thr taking �.eyu:il tu or gR�ter than thr:smaum ut the wm�xrured bp t t� ; r:
<br /> ' Security In�trument imm�iately b�:fz�:�e znt t�sing.unle,s Borroaer and [xnder othenvi,e agrer�n wraing,the.ums Secured by u,�n �,N`
<br /> this Securi Irutrument shall M: red��:c� h� the amaunt nf the pro��is mul[iptied b}• the fullou•ing fraction: �al the cotal ��^v��'��?"==
<br /> ty :._
<br /> amoum��f[he sums aCCUCC(I II11IthaL3f,:ly��:fnre the uiking. diviJed by Ib) the fa�r market �alue of the Pniperry immediately : �' r�
<br /> befure the taking. Any balance �hall b�:�S,u3 tn Borrow.r. ln�he e��ent of a partial taking of the Property m which the fair _�:����:_
<br /> marlcet value of the Propeny immedi.3t�ef���a:tore the taking is tess than the sunount uf the+ums secure:J immediately before the Eg=Y;�.y:,,�.f�
<br /> taking, unless Burrouer and Ixnder�v4u:na:�e��r�in wnting or unless applic�ble law otherwise provides. the pruceods shall (�`;`�;;;�,=�7
<br /> be applieci w the sums secured by thi5 Secu:cit?•Instrument whether or ttot the sums nre then due. �'�f � -_.«-
<br /> ' If the Property is abandoned b} BL��rnwer, ur if,after notice by Lender to Bofrower ihat the condemnor offers to make an ,._��_��__,�
<br /> award ur settle a claim for d�mages. Bsr.rm�•er fails to r�pond to Lender w•ithin 30 days after the date the natice ia given. ��__t _��r.
<br /> Lender is authorized to collect anc!api�7�'ik�:procee�ls.at ita option.either ro restoration or repaic of the Property or to the sucn� ��;:.,�,_,a,. ..
<br /> sewred by this Secunty Instnimer.t,wbu:t2�t�ar not then due. � '
<br /> ��?��'_`-�
<br />' " Unless Lender and Borrow�er o�.su.�bsae agree in writing, any application of proceeds to principal shall not extend or YL.'r:_.. -
<br /> ��",; postpone the due date of the monihly�y�:�nts referred to in paragraphs 1 and 2 or change the amount of such payments. � �
<br /> `:���:;. I1.Borea�+s�r Not Reteased;Fo�f►�rtn��By Lez�dcr Piot a Wa�ver. Fxteasion of the time[vr payment or madiftcation ��;;;(;'; :P�.
<br /> ,;;`, of amartization of the sums secured b�� ¢his iecurity Instrument�ranted by Lender to any successor in iater�t of Borrower shall - ° __
<br /> not operate to reiease ehe liahtlity of ttu:ca�i�i�!Bormw•..'z or Borrower's aucces�o:s in inter�„t. Lemler�hall not be required to �i-_"`_` _".�
<br /> �. cummence proocedings agair•s[ar.y su,;,ces�.�r in interest or refuse ta extend time for payment or atherwise modify amortization v�.,,.....xt•,,,y„
<br />`�.f„�, of the sutns secured by ths Sxcuricy Irnttum:nt by reason of any demand mae�e b r tht ariginal Borrower or Borrower's _____ _
<br /> successors in interest. Any forkeartuv�.'e b}.Lender in exerrz�ine any right or remedy �hall not be a waiver of or preclude the ,,,
<br /> ;;J�.: exerrise of any ci�6t or remedy. -----
<br /> . 12. Successors and Assigu�Btsz�dz loint and Se�esal Lia��7; Co-signers. The covenanu and agreements of this �s•._.�;;._; .r.:-.-
<br /> ',�'•� Security Inswment shall bind ar,d bacx�6 the succes.u►rs ar.d assigns of Lender and Borrower, subject to the �rovisions o( ^_„-_�_
<br />' � puiagraph 17. Borrower's rnvenarus ar.ri agreements shaEt .�joint anA several. Any Sarrower who co-sign� t�is Security
<br />:,,;�,;y I�a.�cntment but does not execute the NcY�s; ta) is co-signing this Security Lnstrz:m,.�ri ualy ta mortgage. grnnc��ronvey that _______
<br />:.;;};i�� F�urrowei s in�er.�t in the Pm�erty uru�.r:t��terms of this Security Insmur�r.t;�b,i.s not personatly obligated cr_�pay the sums ____.___.__
<br /> �;?:;E_:�! secured by th�s Sa�r*_ry Instiu:r.enc:ar,ui•;t�}a�rees th�.a Lender and anv �yira:5orrorer may agree tv�:xt:,�d.modi�'y,forbear ar —_-
<br />'"��n�'��+ ctLSce any accoc��:,�:,tios�s tvith re�rd u�r�e r,�ms of this Security Instxvm:.-�or the Note without�r;;3:3oaower's consent. __
<br /> .'`_t^' _---____—
<br />;,;j�`,�� 13.Loan C�:•r�oes.!f ttu:1cr3rs ser.urai G;. this Sacvrity Instrumer.z�s�ubjeci to a law which sc'a maximum loan charges. ____
<br />:_:,,,„t9 auc�that law is finally intee}�r.sral ao t�a�t the intcrest or other loan char es collecta.i:��c to be copeeted in connECtion with the � x����:,„-:-.
<br /> ""�" loan exceed the permitted lir-sc�, ch,:a: tt,l,anY sucfi Icrae�charge shall ber educed by�.n:amount necessary to reduc°the charge ��%� ';,.'
<br /> ,.•�'�'
<br /> ,�, ta the permitted limit:and(b)any�suTn�3�teady collac�ed from Borrow�r which exceeded permitted ?imits will be refunded to _____
<br /> r;;Y Borrower. Ixnder may choose tc� mak,:t&eis refwtd 6y reducing the fir.:cipal owed under the.'j'•.cr. ar by malcirtg a direc& _ ______ `
<br /> pnyment to Borrower. If a refund re��ucti princips.l, the reduction wlll be treated as a parti:,.L' prepayment without aay -------.-
<br /> � prepayment chsu�e under the Nore. ��
<br /> "`', 14.Notfecs.Any notice to 9orre►v,rt:provided far in[his Serurity Instrument shall be given by delivering it or by mailing �
<br /> it by first class mail unless applitab]W larn�equires use of anather method.The notice shall be directed to the Property Address � --
<br /> .. or any other address Borrower d°.si��utt. by notice to Lender. Any nadce to Lender shall be given by first class mail ta �
<br /> Lender s address stated herein or ar� a�+rv address Lender designatea is� :�atice to Borrower. Any notice provided for in this
<br /> Security Instrument shal!be dEer•ueG�tu ha�,�been given to Borrower oc G�d,:r when given as pmvi4e�c1 in this paragraph. _.__��
<br /> . �'' 1S.Governtng Lasv; Seveca�Sllity. This Security Jnstrument sr,;tJ[ be govemed by federa! law and the law of the =:_______ _
<br /> -� j:s[^,sdictian in which the Pre{rr:rn}•is kr,uted. In the event.•�.zt any provision or c12:L,�af this Security Instrument or the Note ����� �
<br />�' �'� oo�tlicts with applicable lavr. �a�t�:arWStii�shall not affe.:>,�i}'sw.prov�stons of this Se�y-Ry Instrument or the l�r�ax'�ieh can be �a3's:;:''�`_L:�-=
<br /> given effect without the canf�ii,:rir.x Q:rr.��sian.To this e:^.,t�i�e provisions af this Secunry Instrument and the".taas�-..:.�e declared f���e��v=__:_
<br /> to be severable. --°------�
<br /> . 16.Bo�+��''s Copg.Barr�wer Yhiill b.given one cn:forme�i o:�l� c�f the IQote and of this Security lnstrur,:ent. �`===_---�=__-_
<br /> 17.Tr-�c:��of th�e Pro�aty ar•a HeaeStd�l Intc�t in Borr�c,rer.if all or��y part of the Propeny ur z�;;interest i;��:� --�n,�y,.,,,,,
<br /> iu scld or tcan�f��(or if a�asef ciat�in.rest in Borr.�,�•:�ur i�sold or crsasferred�ni f�rrower is noi a natur.:I�:ur=.��n)without �,,�4r�'•5;::,
<br /> ' �.a:�ei s pric: written conse�t. l.ernf4r may. at its uFu���, require i,:r.sediate �as.ir�xnt in full of all sums :asr�f by this ncu�;a.rir�;�°•�
<br /> �;•t:�,s Security Instr.,ur,ent. However,tha n�r3�n�Is:�i�rtot b�exercised by Ler,,;r.r if exercise is prohibited by federal la�r as of the daie --
<br /> ��?�!�� of�his Secud•rj :nstrtilment.
<br />?l"rh
<br />�:r•.:�.��j. If Lender exercises thns ofEicT..l.rn�r•tt��!]give Borrower nouce of acceleration.The notice�Jr�!I provide a pen o not ______ _
<br /> ��'�f``� �ess than 30 days from the dau:de:.n►;aice �s defivered or mailed within which Borrower must pay all sums secured by this -�v""�`-�'
<br /> �. �-ity Instrument. If Smrrouer fai� ;o pay these sums prior to the expiration of tr:is period.Lender may invoke any remedies �s:f��.,�`���-
<br /> • _ , pzcr.itted by this Security Ir�stxun�v:nt without furth:r notice or demand on Borrov�er. �'��i'��'.''
<br /> -::,,��,+. 18. �orrower's Rtg�ro! tt� Hedastnte. lf Borrower mcets certain conditio�,, eorrower shall have the right to have ��y�j;;..;
<br /> .i�.^ , e, nor co the ear:icr of: (a S d:i�s (or such ath e r e ri o d a s �' ' °-"`
<br /> :,,.,� enforcement of thes Secu�it� Ir�it..�rnent diswnimuad at any t�me p ) ) P Y
<br /> applicable la�+ may speci;y fcc�rzinstatement) befora sale of the Pro�srs} pursuant to any po�v�� of sale contained in this
<br /> 5es�!riry Instn:�cnt;or Q+)enta� uf a judgment enfnrcing this Security I.nstn��rrr.r,t.. 'f'Iwse conditions are that Borrower: (a)pays �s,";r,-.;'<_
<br /> Lender all sums which tf:ra v�uuld be due under this Sc,:ar,d� Instrume:,t a.�d rhe T�7��te as if no acceleration hzd ��ccurred: (b) n..r,;.:;'R,`;''
<br /> cures any defaul¢ of an� ot,5ut covenants or agreem�nts: (c1 pflys all expenses inaJ�in enforcing this Sewrsat� insnument. �i�"t�... `
<br /> -� inciuding,but noE li�s�ined;o, masonable attom�ya' fees;and(d>takes such action as Lender may reasonably ru;un� to assLre _ __II�°"�'�-
<br /> . '� that the lien of ttsia S:curity Instrument.Lender's rights in the Propeny and Borro�ver's obligatioa tn pay the surns secured Iw,. ••� __ _`.
<br /> � F this Security ln:trucr.ent shall continue unchang�d. Upan reinstatement by Borrower, this 5yaauity Instr�ment and d�� ��-
<br /> ; obligations secured hereby shall remain fully effocii��e as if no acceleration had occurred. However, this nght to reinstate saafl s;'.,.-._Mr',:_
<br /> not upply in the case of acceleration under paragruph 17.
<br /> 19. 5ale oY Note: Chnnge of Loan 9ervims. The Note or a partial interest in thc Note (together wiih this Security ��r=:••'`.;.
<br /> lnstrument)may be sold one or more times witham prior notice to Borrower..4 sale may result in a change in the entity Iknown... ��`�� ���`�
<br /> .�-_r,-.q.._,: .
<br /> a4 the"Loan Servicer")that collects monthly p3y�m_nts due under the Note and this Security Instrument. There also may be one r,;_:
<br /> � or more chattges of the Laan Servicer unrelztod ta a sale of the Note.lf there is a change of the Loan Servicer.Borrower will be �'--��===�=
<br /> �,.
<br /> giveu written notice of ti�e change in accordance y�i1h paragraph 14 above and applicable law.'fhe notice will state the name sind -V..._._„„_:
<br /> � � address oF the new Loan Servicer and the addre,c�tv �vhich payments should be made.The notioe �vill also contain any other �,�.-,.�.....-�_.
<br /> • infnrmation r uired b s licable law. ��'"'`��'�-
<br /> �� 20. Ha ardmus Subsptnnces. Bormtifer shall not cause or pertnit the presencc, use, disposal, storage. or release of any �''"��'i`'�"
<br /> H�ardons Substsutces nn or in the PropeAy. Bnrrmver shall uot du. nor allo�v anyone else to do, anything affecting the ';._.�',�'.:,:.,, .
<br /> . ...
<br /> _._._.. Property that is in violation af any Envir�nrrKntul l.aw. The preceding two senrences sha11 not a�pfy to the presence,use, or `-
<br /> ,s:_<;,_;{::.,a,
<br /> stornge on the Property of small quantittes ot Nazartlous Subst,^..nces tnat are generaiFy recogniusI to or apy�upriutc iu iiu;�uaS --- �:,--
<br />� residential uses and to maintenance of the Property. �� ' ° �'"';��
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<br /> . N.wo�o+a Form 3028 9lSO !� � },��
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